Most economists think that the “sugar high” in the economy produced by simultaneous tax cuts and federal spending increases this year will fizzle at some in the next few quarters, at which point GDP...

What are companies doing with their tax cut windfalls? In addition to boosting shareholder returns through buybacks and dividends (more on that here , here and here ), U.S. corporations are placing a...

The $1.5 trillion Republican tax overhaul came with some big promises, including faster economic growth, increased business investment and significantly higher wages for American workers. Ten months...

A new analysis of the distribution of household income by the Congressional Budget Office shows how taxes and means-tested transfers such as Medicaid and food stamps affect US incomes. “The combined...

With less than a week to go before the midterms, both Democrats and Republicans are campaigning hard on the message that the stakes on Election Day couldn’t be higher. That may be true, but it doesn’...

Kevin Hassett, chair of President’s Trump’s Council of Economic Advisers, said this week that contrary to what many critics are saying – see here , here and here , for example – he doesn’t think the...